D
Deleted User YDKXO
Guest
OK its been sold but the broker might be spinning you a line about being sold for full asking price. Not surprised it sold though as it looked a nice boat with a nice spec
What's A Reasonable Offer?
- Thread starter bumpy_the_dog
- Start date
rustybarge
Well-Known Member
If you like 7's and workboats, you might like these, lots and lots of cockpit space, outstanding seakeeping, cheap to run, twin engines.........within your budget brand new. http://www.cheetahmarine.co.uk/en/gallery/view/9/
henryf
Well-Known Member
Galia
Well-Known Member
Why would they say what price it was sold for (unless you asked) ? Perhaps they've been following this thread and want to keep their resale prices up
rustybarge
Well-Known Member
Yes, we would accept €1,50m for it.
Last edited:
AdeOlly
Well-Known Member
That is I think a key point. Good clean well looked after and presented boats with good specs sell, and do fetch good money. Always have and always will. The overpriced, dirty and neglected boats, of which there are many, won't. Simples.
I don't buy the x% a year theories. There is simply too much variance in specs and condition and too few sales IMO for which sales prices are not public knowledge. For example, I lost 15% in five years on my Hardy = 3% p.a. At the other end of the spectrum the guy I bought the Jeanneau from lost over 25% in less than two years and did under 30 engine hours. (I hope not to repeat that rate of depreciation!).
Brokers of course do have access to sold prices... http://www.yachtworld.co.uk/boat-content/media-kit/yacht-brokers/sold-boats/
D
Deleted User YDKXO
Guest
Well, yes there are always going to be variances and sought after more specialist boats like Hardys and Seawards are probably going to hold their value better than mainstream PrinFairSeekerLine boats. On the whole I think JtB's suggestion of 10% pa for mainstream boats is not far off. Certainly new buyers coming into the boat market need to appreciate that, as well as all the other costs associated with owning a mobo, they are going to have to take account of depreciation as well and 10% pa is as good a figure as any for budgeting purposes. I'm not sure how useful the SoldBoat data is because it depends entirely on broker feedback and I expect there is a temptation only to feed back prices when the broker thinks he's achieved a good price rather than a rock bottom price. After all, it is in the broking industry's interest to try to support market prices at as high level as possible
henryf
Well-Known Member
Don't be silly.
What about £160k ?
I've done a quick bit of maths on the back of a packet of Gauloises and I don't reckon it cost that much more to build
I can't say I know much about that part of the world but it looks lovely and is quite close to the HP sauce & Marmite brigade in Antibes.
Good luck with the sale.
Henry
rustybarge
Well-Known Member
Don't be silly.
What about £160k ?
I've done a quick bit of maths on the back of a packet of Gauloises and I don't reckon it cost that much more to build
I can't say I know much about that part of the world but it looks lovely and is quite close to the HP sauce & Marmite brigade in Antibes.
Good luck with the sale.
Henry
3000 sq ft at £100 = £300k
Site. £250k
Land. £70k
......just like boats, it's cheaper to build your own from scratch!
Bet you could build a very nice new Seaward for £80k, and lots of boat builders did buy in the Nelson hull, like the seaward and Weymouth, and fit it out for resale.
Tranona
Well-Known Member
Very pleasing (for the vendor) and shows that those who think you can beat people down on price in any situation are wrong. It found its market price which was the asking price. Shows the broker knew what he was doing when he advised his seller what to ask.
